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MBAs know everything but understand nothing.

Lee Iacocca

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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Understand
Everything
Nothing
Mbas
Mba

More quotes by Lee Iacocca

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The ability to concentrate and to use time well is everything.
Lee Iacocca
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The only rock I know that stays steady, the only institution I know that works, is the family.
Lee Iacocca
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There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.
Lee Iacocca
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If you want to make good use of your time, you've got to know what's most important and then give it all you've got.
Lee Iacocca
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In business, I loved cars. I couldn't wait to get to work in the morning. Only in America can you decide to get a good education and pursue what you like.
Lee Iacocca
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I only wish I could find an institute that teaches people how to listen. Business people need to listen at least as much as they need to talk. Too many people fail to realize that real communication goes in both directions.
Lee Iacocca
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The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better.
Lee Iacocca
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They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.
Lee Iacocca
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Never rest on your oars as a boss. If you do, the whole company starts sinking.
Lee Iacocca
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That's the American way. If little kids don't aspire to make money like I did, what the hell good is this country?
Lee Iacocca
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They've got about as many lawyers as we have sumo-wrestlers.
Lee Iacocca
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I'm sometimes described as a flamboyant leader and a hip-shooter, a fly-by-the-seat-of-the-pants operator. But if that were true, I could never have been successful in this business.
Lee Iacocca
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When the product is right, you don't have to be a great marketer.
Lee Iacocca
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I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That's what I think philanthropy is about.
Lee Iacocca
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Business, after all, is nothing more than a bunch of human relationships.
Lee Iacocca
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A major reason capable people fail to advance is that they don't work well with their colleagues.
Lee Iacocca
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I was good friends with Frank Sinatra, I heard Steve Kaufman painting his portrait, so I asked Steve to paint my portrait.
Lee Iacocca
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Be creative. Use unconventional thinking. And have the guts to carry it out.
Lee Iacocca
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Why is our free-enterprise system so strong?- Not because it stands still, frozen in the past, but because it has always adapted to changing realities
Lee Iacocca
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You can have brilliant ideas, but if you can't get them across, your ideas won't get you anywhere.
Lee Iacocca